Authority: National Company Law Appellate Tribunal, Chennai (Justice N. Seshasayee - Member (Judicial) and Jatindranath Swain - Member (Technical))
Order Date: 18 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai heard two connected insolvency appeals involving Solar Semiconductor Energy Systems (India) Pvt. Ltd. The first appeal (Company Appeal (AT) (CH) (Ins) No. 436/2025) was filed by Pradeep Kumar Sekar & Anr. against M/s. Solar Semiconductor Energy Systems (India) Pvt. Ltd., represented by Resolution Professional Mr. Murali Prasad Nalam, and another respondent. The second appeal (Company Appeal (AT) (CH) (Ins) No. 484/2025) was filed by M/s. Sri Nandi Buildcon (formerly M/s. Sri Nandi Green Solar) against M/s. Solar Semiconductor Energy Systems (India) Pvt. Ltd. and another respondent. Both matters were heard together with legal representation from Mr. TK. Bhaskar for the appellants and Mr. Ashwin Shanbhag for the second respondent.
The tribunal noted that an interim order had been previously granted on 10 September 2025 in Company Appeal (AT) (CH) (Ins) No. 436/2025, which required continuation until the next hearing date.
Final Outcome
The NCLAT permitted the respondents to file their counter affidavits within two weeks from the order date (18 August 2026). The appeals were listed for next hearing on 30 September 2026. The interim order dated 10 September 2025 was extended and will continue to operate until the next date of listing (30 September 2026).
Topics: Insolvency Proceedings, NCLAT Order, Interim Relief